Looking at JNJ and i realise that the pattern has activated this is one stock unfortunately am going to miss out on the entry but am going to share it with you
am currently trading EURUSD because of the jobs report coming out this Friday this one showed up on my strategy screen
so instead of letting it go to waste I thought i share it with you instead so that you can learn from this pattern it follows the rocket booster strategy
now you may be thinking,
"What is the rocket booster strategy?"
let me show you:
Price has to be Below the 50 EMA
Price has to be below the 200 EMA
The 50 EMA should cross below the 200 EMA
Now the question is will this stock gap on earnings within the next two weeks? i don't know but I have gotten an early alert if I still see an entry on this stock next week am going to enter it
Hopefully, it will gap down on the earnings report by then
Thank you for reading
Rocket boost this content to learn more.
Disclaimer: This is not financial advice you will lose money from trading learn risk management take this as a warning.
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